Unblocking of Specially Designated Nationals and Blocked Persons Pursuant to Executive Order 13396, 47988-47989 [2015-19597]

Download as PDF tkelley on DSK3SPTVN1PROD with NOTICES 47988 Federal Register / Vol. 80, No. 153 / Monday, August 10, 2015 / Notices electronic mail to prainfo@occ.treas.gov. You may personally inspect and photocopy comments at the OCC, 400 7th Street SW., Washington, DC 20219. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 649–6700. Upon arrival, visitors will be required to present valid government-issued photo identification and submit to security screening in order to inspect and photocopy comments. All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not include any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer, (202) 649–5490, for persons who are deaf or hard of hearing, TTY, (202) 649– 5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219. SUPPLEMENTARY INFORMATION: The OCC is requesting extension of OMB approval for this collection. There have been no changes to the requirements of the regulations. Title: Market Risk. OMB Control No.: 1557–0247. Description: The Office of the Comptroller of the Currency’s (OCC) market risk capital rules (12 CFR part 3, subpart F) capture positions for which the market risk capital rules are appropriate; reduce procyclicality in market risk capital requirements; enhance the rules’ sensitivity to risks that are not adequately captured under the current regulatory measurement methodologies; and increase transparency through enhanced disclosures. The information collection requirements are located at 12 CFR 3.203 through 3.212. The rules enhance risk sensitivity and include requirements for the public disclosure of certain qualitative and quantitative information about the market risk of national banks and federal savings associations. The collection of information is necessary to ensure capital adequacy appropriate for the level of market risk. Section 3.203 sets forth the requirements for applying the market risk framework. Section 3.203(a)(1) requires national banks and federal savings associations to have clearly defined policies and procedures for determining which trading assets and VerDate Sep<11>2014 18:16 Aug 07, 2015 Jkt 235001 trading liabilities are trading positions and specifies the factors a national bank or federal savings association must take into account in drafting those policies and procedures. Section 3.203(a)(2) requires national banks and federal savings associations to have clearly defined trading and hedging strategies for trading positions that are approved by senior management and specifies what the strategies must articulate. Section 3.203(b)(1) requires national banks and federal savings associations to have clearly defined policies and procedures for actively managing all covered positions and specifies the minimum requirements for those policies and procedures. Sections 3.203(c)(4) through 3.203(c)(10) require the annual review of internal models and specify certain requirements for those models. Section 3.203(d) requires the internal audit group of a national bank or federal savings association to prepare an annual report to the board of directors on the effectiveness of controls supporting the market risk measurement systems. Section 3.204(b) requires national banks and federal savings associations to conduct quarterly backtesting. Section 3.205(a)(5) requires institutions to demonstrate to the OCC the appropriateness of proxies used to capture risks within value-at-risk models. Section 3.205(c) requires institutions to develop, retain, and make available to the OCC value-at-risk and profit and loss information on subportfolios for two years. Section 3.206(b)(3) requires national banks and federal savings associations to have policies and procedures that describe how they determine the period of significant financial stress used to calculate the institution’s stressed value-at-risk models and to obtain prior OCC approval for any material changes to these policies and procedures. Section 3.207(b)(1) details requirements applicable to a national bank or federal savings association when the national bank or federal savings association uses internal models to measure the specific risk of certain covered positions. Section 3.208 requires national banks and federal savings associations to obtain prior written OCC approval for incremental risk modeling. Section 3.209(a) requires prior OCC approval for the use of a comprehensive risk measure. Section 3.209(c)(2) requires national banks and federal savings associations to retain and report the results of supervisory stress testing. Section 3.210(f)(2)(i) requires national banks and federal savings associations to document an internal analysis of the risk PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 characteristics of each securitization position in order to demonstrate an understanding of the position. Section 3.212 requires quarterly quantitative disclosures, annual qualitative disclosures, and a formal disclosure policy approved by the board of directors that addresses the approach for determining the market risk disclosures it makes. Type of Review: Extension of a currently approved collection. Affected Public: Individuals; Businesses or other for-profit. Number of Respondents: 13. Estimated Burden per Respondent: 1,964 hours. Total Estimated Annual Burden: 25,532 hours. Comments submitted in response to this notice will be summarized, included in the request for OMB approval, and become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the OCC, including whether the information has practical utility; (b) The accuracy of the OCC’s estimate of the burden of the collection of information; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: August 5, 2015. Mary H. Gottlieb, Regulatory Specialist, Legislative and Regulatory Activities Division. [FR Doc. 2015–19576 Filed 8–7–15; 8:45 am] BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Unblocking of Specially Designated Nationals and Blocked Persons Pursuant to Executive Order 13396 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Treasury Department’s Office of Foreign Assets Control (OFAC) is removing the names of two individuals whose property and interests in property have been blocked SUMMARY: E:\FR\FM\10AUN1.SGM 10AUN1 Federal Register / Vol. 80, No. 153 / Monday, August 10, 2015 / Notices pursuant to Executive Order 13396, ‘‘Blocking Property of Certain Persons ˆ Contributing to the Conflict in Cote d’Ivoire,’’ from the List of Specially Designated Nationals and Blocked Persons (SDN List). DATES: OFAC’s actions described in this notice are effective as of July 30, 2015. FOR FURTHER INFORMATION CONTACT: Associate Director for Global Targeting, tel.: 202/622–2420, Assistant Director for Sanctions Compliance & Evaluation, tel.: 202/622–2490, Assistant Director for Licensing, tel.: 202/622–2480, Office of Foreign Assets Control, or Chief Counsel (Foreign Assets Control), tel.: 202/622–2410, Office of the General Counsel, Department of the Treasury (not toll free numbers). SUPPLEMENTARY INFORMATION: The SDN List and additional information concerning OFAC sanctions programs are available from OFAC’s Web site (www.treasury.gov/ofac). Certain general information pertaining to OFAC’s sanctions programs is also available via facsimile through a 24-hour fax-ondemand service, tel.: 202/622–0077. Notice of OFAC Actions On July 30, 2015, OFAC determined that circumstances no longer warrant the inclusion of the following two individuals on OFAC’s SDN list, and that these individuals are no longer subject to the blocking provisions of Section 1(a) of E.O. 13396: 1. DJEDJE, Alcide Ilahiri (a.k.a. DJEDJE, Ilahiri Alcide; a.k.a. ILAHIRI, Alcide Djedje); DOB 1956 (individual) [COTED] 2. N’GUESSAN, Pascal Affi (a.k.a. NGUESSAN, Affi); DOB 1953; POB ˆ Bongouanou, Cote d’Ivoire (individual) [COTED] Dated: July 30, 2015. John E. Smith, Acting Director, Office of Foreign Assets Control. [FR Doc. 2015–19597 Filed 8–7–15; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Sanctions Actions Pursuant to Executive Order 13582 Office of Foreign Assets Control, Treasury. ACTION: Notice. tkelley on DSK3SPTVN1PROD with NOTICES AGENCY: The Treasury Department’s Office of Foreign Assets Control (OFAC) is publishing the names of eleven persons whose property and interests in property are blocked pursuant to Executive Order (E.O.) 13582, six SUMMARY: VerDate Sep<11>2014 18:16 Aug 07, 2015 Jkt 235001 persons identified as the Government of Syria pursuant to E.O. 13582, and ten vessels in which certain of these entities have an interest. DATES: OFAC’s actions described in this notice were effective on August 3, 2015, as further specified below. FOR FURTHER INFORMATION CONTACT: Associate Director for Global Targeting, tel.: 202/622–2420, Associate Director for Sanctions Policy & Implementation, tel.: 202/622–2480, Office of Foreign Assets Control, or Chief Counsel (Foreign Assets Control), tel.: 202/622– 2410, Office of the General Counsel, Department of the Treasury (not toll free numbers). SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability The Specially Designated Nationals and Blocked Persons List and additional information concerning OFAC sanctions programs are available on OFAC’s Web site (www.treas.gov/ofac). Certain general information pertaining to OFAC’s sanctions programs is also available via facsimile through a 24hour fax-on-demand service, tel.: 202/622–0077. Notice of OFAC Actions On August 3, 2015, OFAC blocked the property and interests in property of the following eleven persons pursuant to E.O. 13582, ‘‘Blocking Property of the Government of Syria and Prohibiting Certain Transactions with Respect to Syria’’: Individuals 1. AYDIN, Mustafa, Turkey; DOB 26 May 1988; Passport U04663595 (Turkey) (individual) [SYRIA] (Linked To: MILENYUM ENERGY S.A.; Linked To: BLUE ENERGY TRADE LTD. CO.; Linked To: ABDULKARIM GROUP). 2. DUZGOREN, Serkan, Turkey; DOB 28 Jan 1979 (individual) [SYRIA] (Linked To: MILENYUM ENERGY S.A.). 3. DUZGOREN, Erkan, Turkey; DOB 17 Jun 1980 (individual) [SYRIA] (Linked To: MILENYUM ENERGY S.A.). 4. KENAR, Ufuk, Turkey; DOB 24 Apr 1980 (individual) [SYRIA] (Linked To: MILENYUM ENERGY S.A.). Entities 1. AQUA SHIPPING LTD. (a.k.a. AQUA SHIPPING LTD.-MAI), c/o Milenyum Denizcilik Gemi Hizmetleri Acentelik ve Ozel Ogretim Hizmetleri Ltd. Sti, Nazli Sokak 9, Halilrifatpasa Mah, Sisli, Istanbul 34384, Turkey; Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands; Identification Number IMO 5849194 [SYRIA] (Linked To: MILENYUM ENERGY S.A.). PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 47989 2. BLUE ENERGY TRADE LTD. CO., P.O. Box 556, Charlestown, Saint Kitts and Nevis [SYRIA] (Linked To: MILENYUM ENERGY S.A.). 3. EBLA TRADE SERVICES S.A.L./ OFF–SHORE, Beirut, Lebanon; Nakhle Center, Property Number: 295/24, Baabda, Furn, Chebbak, Lebanon [SYRIA] (Linked To: MILENYUM ENERGY S.A.; Linked To: BLUE ENERGY TRADE LTD. CO.). 4. GREEN SHIPPING LTD., c/o Milenyum Denizcilik Gemi Hizmetleri Acentelik ve Ozel Ogretim Hizmetleri Ltd. Sti, Nazli Sokak 9, Halilrifatpasa Mah, Sisli, Istanbul 34384, Turkey; Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands; Identification Number IMO 5848165 [SYRIA] (Linked To: MILENYUM ENERGY S.A.). 5. MILENYUM ENERGY S.A. (a.k.a. MILENYUM DENIZCILIK GEMI; a.k.a. MILENYUM DENIZCILIK GEMI HIZMETLERI ACENTELIK VE OZEL OGRETIM HIZMETLERI LIMITED SIRKETI; a.k.a. MILENYUM SHIPPING), c/o Milenyum Denizcilik Gemi H., Hizmetleri Ltd. Sti, Nazli Sokak 9, Halilrifatpasa Mah, Sisli, Istanbul 34384, Turkey; Ataturk Mahallesi Gulay Sokak, No. 12/3, Atasehir, Istanbul, Turkey; No. 18 D. 1 Kemankes Mah. Necatibey Cad., Akce Sok., Karakoy, Istanbul, Turkey; Sierra Leone; Avenida Norte Enrique Geenzeier El Cangrejo, Panama 0834–1082, Panama; Web site http://www.milenyumshipping.com; Company Number 792313 (Panama) [SYRIA] (Linked To: ABDULKARIM, Wael; Linked To: ABDULKARIM GROUP). 6. THE EAGLES L.L.C. (a.k.a. THE EAGLES INTERNATIONAL LLC), Plot No. 41, Airport Free Trade Zone, Damascus, Syria [SYRIA] (Linked To: ABDULKARIM, Wael; Linked To: ABDULKARIM GROUP). 7. MORGAN ADDITIVES MANUFACTURING CO. (a.k.a. MORGAN MIDDLE EAST LLC), Office No. 2206, 22nd Floor, Jafza View 19, Sheikh Zayed Road Besides Jafza View 18, Jebel Ali Free Zone Authority, Dubai, United Arab Emirates; Suite 13, First Floor, Oliaji Trade Centre, Francis Rachel Street, Victoria, Mahe, Seychelles; Web site www.morganme.com; alt. Web site morgan.ae [SYRIA] (Linked To: ABDULKARIM, Wael). In addition, on August 3, 2015, OFAC identified the following six persons as falling within the definition of the Government of Syria as set forth in section 8(d) of E.O. 13582 and section 542.305 of the Syrian Sanctions Regulations, 31 CFR part 542: E:\FR\FM\10AUN1.SGM 10AUN1

Agencies

[Federal Register Volume 80, Number 153 (Monday, August 10, 2015)]
[Notices]
[Pages 47988-47989]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-19597]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Unblocking of Specially Designated Nationals and Blocked Persons 
Pursuant to Executive Order 13396

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(OFAC) is removing the names of two individuals whose property and 
interests in property have been blocked

[[Page 47989]]

pursuant to Executive Order 13396, ``Blocking Property of Certain 
Persons Contributing to the Conflict in C[ocirc]te d'Ivoire,'' from the 
List of Specially Designated Nationals and Blocked Persons (SDN List).

DATES: OFAC's actions described in this notice are effective as of July 
30, 2015.

FOR FURTHER INFORMATION CONTACT: Associate Director for Global 
Targeting, tel.: 202/622-2420, Assistant Director for Sanctions 
Compliance & Evaluation, tel.: 202/622-2490, Assistant Director for 
Licensing, tel.: 202/622-2480, Office of Foreign Assets Control, or 
Chief Counsel (Foreign Assets Control), tel.: 202/622-2410, Office of 
the General Counsel, Department of the Treasury (not toll free 
numbers).

SUPPLEMENTARY INFORMATION: The SDN List and additional information 
concerning OFAC sanctions programs are available from OFAC's Web site 
(www.treasury.gov/ofac). Certain general information pertaining to 
OFAC's sanctions programs is also available via facsimile through a 24-
hour fax-on-demand service, tel.: 202/622-0077.

Notice of OFAC Actions

    On July 30, 2015, OFAC determined that circumstances no longer 
warrant the inclusion of the following two individuals on OFAC's SDN 
list, and that these individuals are no longer subject to the blocking 
provisions of Section 1(a) of E.O. 13396:

    1. DJEDJE, Alcide Ilahiri (a.k.a. DJEDJE, Ilahiri Alcide; a.k.a. 
ILAHIRI, Alcide Djedje); DOB 1956 (individual) [COTED]
    2. N'GUESSAN, Pascal Affi (a.k.a. NGUESSAN, Affi); DOB 1953; POB 
Bongouanou, C[ocirc]te d'Ivoire (individual) [COTED]

    Dated: July 30, 2015.
John E. Smith,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2015-19597 Filed 8-7-15; 8:45 am]
 BILLING CODE 4810-AL-P